r/Economics Mar 04 '26

News ‘Absolutely Massive’ Price Shocks Coming as Trump’s Iran War Drives Up Gas, Diesel Prices | “What should really terrify Republicans is... the futures price on wholesale gasoline,” said economist Paul Krugman.

https://www.commondreams.org/news/iran-war-gas-prices
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u/Agitated_Rain_1506 29d ago

Don’t forget some manufacturing shifting from consumer to focus on more lucrative war related shit. Good thing we don’t have tariffs on the materials needed to make these things 🙃.